Overview
1st session
Frugal innovation is the practice used by entrepreneurs in emerging markets who create value with limited resources.
Created by Ben Graziano.
In this TED-talk, Silicon Valley advisor Navi Radjou presents various low-tech innovations from third-world and delevoping countries. He shares his experiences with frugal innovators from around the world and highlights the power of human ingenuity. Their solutions may not be very sophisticated but they create more value at lower costs. Micropayments are just one example of how frugal innovation works.
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